Personal remittances, received in Senegal
Senegal: Personal remittances, received was 10.6% in 2023. ◆ Volatile
Personal remittances, received in Senegal, 1974–2023
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for personal remittances, received in Senegal is 10.6%, measured in 2023.
The figure is up 1.6% on the previous year and up 13.3% over ten years.
Over the whole period, personal remittances, received in Senegal peaked at 11.3% in 2021 and was at its lowest, 0.4%, in 1974.
Senegal ranks 27th of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Senegal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 0.4% | — |
| 1975 | 0.9% | +129.2% |
| 1976 | 1.6% | +72.4% |
| 1977 | 1.5% | -8.5% |
| 1978 | 1.7% | +15.7% |
| 1979 | 1.4% | -18.7% |
| 1980 | 1.7% | +24.0% |
| 1981 | 1.7% | -2.6% |
| 1982 | 1.7% | -0.8% |
| 1983 | 1.7% | +0.0% |
| 1984 | 1.5% | -6.6% |
| 1985 | 2.1% | +34.8% |
| 1986 | 2.0% | -2.8% |
| 1987 | 1.8% | -10.1% |
| 1988 | 1.8% | +0.8% |
| 1989 | 1.8% | -3.3% |
| 1990 | 1.9% | +8.5% |
| 1991 | 2.2% | +16.6% |
| 1992 | 2.3% | +0.9% |
| 1993 | 2.3% | +2.1% |
| 1994 | 2.3% | -2.0% |
| 1995 | 2.3% | +2.1% |
| 1996 | 2.3% | -0.6% |
| 1997 | 2.5% | +8.6% |
| 1998 | 2.3% | -9.0% |
| 1999 | 2.8% | +24.5% |
| 2000 | 3.9% | +38.0% |
| 2001 | 4.7% | +20.4% |
| 2002 | 4.9% | +5.4% |
| 2003 | 5.8% | +18.2% |
| 2004 | 6.3% | +7.7% |
| 2005 | 7.2% | +13.9% |
| 2006 | 7.9% | +10.4% |
| 2007 | 8.5% | +7.7% |
| 2008 | 8.8% | +3.1% |
| 2009 | 8.4% | -4.5% |
| 2010 | 9.2% | +9.3% |
| 2011 | 9.1% | -1.1% |
| 2012 | 8.9% | -1.6% |
| 2013 | 9.4% | +5.3% |
| 2014 | 9.8% | +3.8% |
| 2015 | 9.9% | +1.4% |
| 2016 | 10.4% | +5.2% |
| 2017 | 10.2% | -1.5% |
| 2018 | 10.5% | +2.5% |
| 2019 | 10.8% | +2.8% |
| 2020 | 10.6% | -1.5% |
| 2021 | 11.3% | +5.9% |
| 2022 | 10.5% | -6.9% |
| 2023 | 10.6% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.2% | 0.4% | 1.7% | 6 |
| 1980s | 1.8% | 1.5% | 2.1% | 10 |
| 1990s | 2.3% | 1.9% | 2.8% | 10 |
| 2000s | 6.6% | 3.9% | 8.8% | 10 |
| 2010s | 9.8% | 8.9% | 10.8% | 10 |
| 2020s | 10.8% | 10.5% | 11.3% | 4 |
Countries ranked near Senegal
- 24 Egypt 11.4% compare
- 25 Georgia 11.2% compare
- 26 Bosnia and Herzegovina 10.7% compare
- 28 French Polynesia 10.6% compare
- 29 Timor-Leste 10.0% compare
- 30 Pakistan 9.9% compare
More economy & growth data for Senegal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.03 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 130,917 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 18.6 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2615 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 511.11 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 13.82 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 152.16 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 297,430 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 16.68 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received in Senegal?
- Personal remittances, received in Senegal was 10.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Senegal?
- The highest recorded value was 11.3% in 2021.
- What is the lowest personal remittances, received recorded in Senegal?
- The lowest recorded value was 0.4% in 1974.
- How does Senegal rank for personal remittances, received?
- Senegal ranks 27th out of 195 countries with data for 2023.
- Is personal remittances, received rising or falling in Senegal?
- Over the last ten years it is up 13.3%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.